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Author Topic: Haw many PPCoins will there be?  (Read 11335 times)
El Cabron
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September 29, 2012, 10:15:25 AM
 #1

BTC = 21 Million
LTC = 84 Million
SC = Up to the guy who made sc...

So what about PPCoin? Someone told me 2 billion but I kinda doubt it would be trading as high as it is if that were true. Please some one tell me the truth Smiley

Thanks.

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
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https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
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September 29, 2012, 11:06:01 AM
 #2

"There is no hard cap other than a 2 billion coin max put into the code for now. But that should not be interpreted as an approachable cap, as it might never get anywhere close to that."

https://github.com/ppcoin/ppcoin/wiki/FAQ

almost 10 mln ppcoins generated by now.

El Cabron
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September 29, 2012, 11:33:19 AM
 #3

"There is no hard cap other than a 2 billion coin max put into the code for now. But that should not be interpreted as an approachable cap, as it might never get anywhere close to that."

https://github.com/ppcoin/ppcoin/wiki/FAQ

almost 10 mln ppcoins generated by now.

Oh wow! 10 million already??

At this rate there will be half a billion by the end of the year right?


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https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
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September 29, 2012, 12:09:45 PM
 #4

9,685,617 PPCoins Created so far

19 August 2012 is when the first coin was created if im not mistaken


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September 29, 2012, 12:10:39 PM
 #5

Oh wow! 10 million already??

At this rate there will be half a billion by the end of the year right?

Not really, I think end of the year <15-20 mln

depends on asic availability

But I guess you missed this boat Goat Tongue

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September 29, 2012, 12:13:35 PM
 #6

Oh wow! 10 million already??

At this rate there will be half a billion by the end of the year right?

Not really, I think end of the year <15-20 mln

depends on asic availability

But I guess you missed this boat Goat Tongue

I could still buy in as the price is almost at all time lows but I don't think I will be. The inflation rate is crazy high. I like bitcoin because I think it is deflationary.

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September 29, 2012, 12:37:23 PM
 #7

whould i mine PPcoin's as i have 100Mhash or should i stay away
El Cabron
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September 29, 2012, 12:39:24 PM
 #8

whould i mine PPcoin's as i have 100Mhash or should i stay away

Do you want ppcoins?  The math I just worked out (might not be correct) showed me that it was slightly more profitable to mine ppcoin than BTC right now. However I doubt that will cover your electric costs.

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September 29, 2012, 12:45:37 PM
 #9

whould i mine PPcoin's as i have 100Mhash or should i stay away

Do you want ppcoins?  The math I just worked out (might not be correct) showed me that it was slightly more profitable to mine ppcoin than BTC right now. However I doubt that will cover your electric costs.

please can you show me your math

and should i mine solo a join a pool

and if pool which pool
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September 29, 2012, 12:55:19 PM
 #10

Oh wow! 10 million already??

At this rate there will be half a billion by the end of the year right?

Not really, I think end of the year <15-20 mln

depends on asic availability

But I guess you missed this boat Goat Tongue

I could still buy in as the price is almost at all time lows but I don't think I will be. The inflation rate is crazy high. I like bitcoin because I think it is deflationary.
What makes you think the long-term inflation rate is crazy high? POS inflation is set to about 1%/year. POW depends on difficulty, but convergences against a small percent figure as well.

While the (relative) inflation rate will decrease with time, it won't get any easier to acquire ppcoin. As far as I can tell they are currently traded at the cost of production. Maybe a little bit lower, because super early adopters can offer at lower price.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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September 29, 2012, 01:27:08 PM
 #11

whould i mine PPcoin's as i have 100Mhash or should i stay away

Do you want ppcoins?  The math I just worked out (might not be correct) showed me that it was slightly more profitable to mine ppcoin than BTC right now. However I doubt that will cover your electric costs.

please can you show me your math

and should i mine solo a join a pool

and if pool which pool

and how many pool's are there for PPcoin?
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September 29, 2012, 01:43:57 PM
 #12

and how many pool's are there for PPcoin?

I know 3:

http://ppcpool.us.to/
http://ppcpool.bitparking.com/
http://coinotron.com/

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September 29, 2012, 01:47:29 PM
 #13

9,685,617 PPCoins Created so far

19 August 2012 is when the first coin was created if im not mistaken



hahahahah, and it's not a pump and dump right?

more or less retired.
El Cabron
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September 29, 2012, 01:48:44 PM
 #14

9,685,617 PPCoins Created so far

19 August 2012 is when the first coin was created if im not mistaken



hahahahah, and it's not a pump and dump right?

10 million each month seems pretty high :/

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
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https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
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September 29, 2012, 01:57:28 PM
 #15

9,685,617 PPCoins Created so far

19 August 2012 is when the first coin was created if im not mistaken



hahahahah, and it's not a pump and dump right?

10 million each month seems pretty high :/

Now you're just trolling... cheap.. Sad

Why don't you try to understand the coin instead of trying to make a quick buck ?

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September 29, 2012, 02:02:28 PM
 #16

9,685,617 PPCoins Created so far

19 August 2012 is when the first coin was created if im not mistaken



hahahahah, and it's not a pump and dump right?

10 million each month seems pretty high :/

& 520 confirmations.

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September 29, 2012, 06:20:27 PM
 #17

9,685,617 PPCoins Created so far

19 August 2012 is when the first coin was created if im not mistaken



hahahahah, and it's not a pump and dump right?

10 million each month seems pretty high :/

Now you're just trolling... cheap.. Sad

Why don't you try to understand the coin instead of trying to make a quick buck ?

Perhaps the creator could have taught us all how PPC worked before it launched. IMO him not disclosing all the details and answering all the FAQs before launching is equivalent to PUMP and DUMP. It gives him an unfair advantage on how to trade/hold coins.

Bullshit in my book.

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September 29, 2012, 08:02:24 PM
 #18


Perhaps the creator could have taught us all how PPC worked before it launched. IMO him not disclosing all the details and answering all the FAQs before launching is equivalent to PUMP and DUMP. It gives him an unfair advantage on how to trade/hold coins.

Bullshit in my book.

I have no obligation to release it months/years beforehand so copycats can jump on us. It's your problem if you can not fathom of all the difficulties a designer has to go through in order to bring something to the market. It's fair enough in my book ppcoin has no premine nor tax reserved for developers.

The programming job on ppcoin already cost around $100k-200k if you know what good programmers cost these days, this does not even include the innovations we bring forth which does not have a price on it.

So feel free to continue trolling. What have you done for cryptocurrency other than trashing other people's hard work?
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September 29, 2012, 08:16:56 PM
 #19


Perhaps the creator could have taught us all how PPC worked before it launched. IMO him not disclosing all the details and answering all the FAQs before launching is equivalent to PUMP and DUMP. It gives him an unfair advantage on how to trade/hold coins.

Bullshit in my book.
The programming job on ppcoin already cost around $100k-200k if you know what good programmers cost these days, this does not even include the innovations we bring forth which does not have a price on it.
+1. Reminds me of the overall problem of the missing incentive system for cryptocurrency developers in the first place. I think pumping is all they can do, in order to get their investment back (time and effort). I don't see a development tax added to bitcoin transactions either. Instead the developers try different ways to get funding (e.g. creating a bitcoin foundation).

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
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September 29, 2012, 08:42:45 PM
 #20


Perhaps the creator could have taught us all how PPC worked before it launched. IMO him not disclosing all the details and answering all the FAQs before launching is equivalent to PUMP and DUMP. It gives him an unfair advantage on how to trade/hold coins.

Bullshit in my book.

I have no obligation to release it months/years beforehand so copycats can jump on us. It's your problem if you can not fathom of all the difficulties a designer has to go through in order to bring something to the market. It's fair enough in my book ppcoin has no premine nor tax reserved for developers.

The programming job on ppcoin already cost around $100k-200k if you know what good programmers cost these days, this does not even include the innovations we bring forth which does not have a price on it.

So feel free to continue trolling. What have you done for cryptocurrency other than trashing other people's hard work?


1. You don't have an obligation to release it beforehand. But people will call it bullshit as it is. This is the same tactic that RealSolid/Coinhunter did with SC2. You're not special.

2. How would people know there is no tax unless they know how it works? The federal reserve doesn't believe inflation is a tax on the masses yet in REALITY it is a tax to those holding fiat.

3. I'm a software engineer myself and an IT person by trade. So unless you spent the last 2 years or so developing PPC at an average of 40 hours per week, you can't claim that you put $100k-$200k of effort into it. Stop overpricing your own labor costs for programming.

4. I will continue to troll as well as expose the bullshit which is PPC for what it is. Seriously? Hard work? How many hours have you put into PPC?

Trust me I'm not the only one calling PPC bullshit.

Edit: Looks like your account was only created last October so there is likely no way you have been developing PPC for 2 years in terms of senior software engineer's type salary figures.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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